You’ve likely heard some in Congress saying America’s oil and gas industry already has plenty of access, and they are sitting on idle leases. This argument shows a troubling lack of understanding for how oil and natural gas is discovered and produced. At Anadarko, we plan to spend more than $10 billion over the next two years alone to find and produce the energy resources America needs. We invite you to read the American Petroleum Institute’s Fact Sheet on non-producing federal leases. It provides the facts you need to fully support America’s energy future.
API Fact Sheet on Existing Leases